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The First Demand Letter is a crucial document in Philippine business and legal practice, typically used when informal attempts to collect a debt or enforce an obligation have been unsuccessful. This document must comply with the Civil Code of the Philippines and related commercial regulations, serving as the first formal step in the debt collection process. A First Demand Letter should clearly state the amount owed, the basis of the debt, payment history, and provide a reasonable deadline for payment. It often includes supporting documentation such as contracts, invoices, or account statements. The letter also typically warns of potential legal action if the demand is not met, making it an important precursor to litigation. While maintaining a professional tone, the document must be firm and unambiguous in its demands, following Philippine legal standards for debt collection practices.

1. Sender's Details: Complete name, address, and contact information of the creditor or their representative

2. Date: Current date of the demand letter

3. Recipient's Details: Complete name and address of the debtor

4. Subject Line: Clear indication that this is a formal demand letter and brief reference to the subject matter

5. Debt Details: Specific amount owed, origin of the debt, and date it was incurred

6. Payment History: Brief summary of previous payment attempts or communications

7. Formal Demand: Clear statement of demand for payment, including the total amount due

8. Payment Terms: Specific deadline for payment and acceptable payment methods

9. Legal Consequences: Statement of potential legal action if payment is not received by the deadline

10. Closing: Professional closing statement with signature block